Metallurgy news
The Chinese bought 10% of the shares of the largest metal trader Duferco
The Chinese metallurgical company Tangshan Steel, the sales unit of the largest manufacturer steel in the HEBEI Group, bought out 10% of the shares in the Swiss Duferco International Trading Holding, which is the Ukrainian Industrial Union of Donbass (ISD). This was…
Read moreAccording to the Moody's report, Donetskih has a negative forecast
The International rating agency Moody’s Investors Service today assigned the Cyprus company Fintest Trading Co limited to the owner of a 100% shares of Donetskstal Corporate Group (CFR) at the B3 B3-PD level rating. At the same time, the Moody’s agency appropriated…
Read morePosco invests $ 600 million in Thailand and Indonesia
Posco, the largest manufacturer steel in South Korea, plans to expand its presence in the growing automobile industry of Southeast Asia. It is planned to invest $ 600 million in the construction of new galvanizing factories in Thailand and Indonesia. Mr. Kim Sun…
Read moreNLMK halved net profit in 2012
One of the largest Russian manufacturers became NLMK OJSC graduated from 2012 with a net profit of $ 596 million, which is 56% less than the result of 2011. This is stated in the message of the company. During the reporting period, the revenue of NLMK amounted to 12…
Read moreIn 2013-2014, Ukrainian metallurgists will receive state guarantees for 10 billion UAH
The program published yesterday on the website of the Cabinet of Ministers of Ukraine "The Program for Activization of the Development of the Economics of Ukraine for 2013 - 2014" says that the government will support the country's metallurgical industry through the…
Read moreRussian swordsman could not survive in Ukrainian Donetsk
On March 19, 2013, the Board of Directors of the Russian Mining and Metallurgical Company decided to liquidate his representative office in Ukraine and ceased the powers of its director. Forbes writes about this. The only thing that keeps the Mechel group in Ukraine…
Read moreEurope increased the purchase of metal rolling in January 2013 by a third
In January 2013, 27 countries of the European Union imported 1 million 489 tons of metal rolling, which is 36.6% more than in January 2012. This is stated in the monthly report of the Association of manufacturers of European Europer. The lion's share in the total…
Read moreArselormital launches a new spilling machine in Hamburg
Arselormittal yesterday launched a new steeling installation of a stellarship oven at a metallurgical plant in Hamburg. This was reported by the press service of the company. The steel enterprise in Hamburg is today the fourth largest German manufacturer of…
Read moreDespite the fact that rumors about the detention of Abramovich were not confirmed, Euraz shares fell by 5% and continue to decline
The press secretary of Roman Abramovich John Mann confirmed that his boss is currently in the United States, but denied information about his arrest. Despite this, Euraz shares at the auction on the London Exchange lost more than 5% by this time and reached a four…
Read moreRusal signed a memorandum of cooperation with the Chinese
The largest Russian aluminum manufacturer Rusal and the aluminum corporation of China Chalco signed a memorandum on the development of cooperation in the aluminum industry. The two largest transnational corporations agreed to jointly carry out research work in the…
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